Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.004%
Price spread now: QFEX against KuCoin+0.014%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,051as in the Price arb table
costs, in and out, $10k−$1,04110.414% of the position
Funding, last 4 days (all we have)−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.014%, 7d avg +0.112%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.098% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.112%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.090 | 0.0100 | pay 0.0100% / 8h | 17m 47s | $170K | $499K | 20x |
| Short | QFEX UBER-USD | 71.100 | 0.0067 | get 0.0008% / 1h | 17m 47s | $1.1M | $1.1M | 10x |
KuCoin UBERUSDTM
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.92
- Price spread: +0.014% → +0.112%
- −$9.84
- Slippage, 4 orders
- −$1,019.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1,058.13
- Costs to cover
- 10.414%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; QFEX: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 16 min ago | 5.63 bp | 507.1 bp −$507 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.11 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
UBER on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERP | −0.0220% | 1h | 70.340 | −1.055% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.168 | +0.110% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.100 | +0.014% | $368K | $250K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.100 | +0.014% | $459K | $140K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.110 | +0.028% | $2K | $2.0M | 10x | as long as short |
| Variational Omni UBER | +0.0024% | 8h | 71.130 | +0.056% | $445K | $27K | — | as long as short |
| QFEX UBER-USDshort | +0.0067% | 1h | 71.100 | +0.014% | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.090 | long leg | $170K | $499K | 20x | |
| Binance UBERUSDT | +0.0145% | 8h | 71.090 | 0.000% | $2.4M | $697K | 20x | as long as short |
| GRVT UBER_USDT_Perp | +0.0253% | 8h | 71.100 | +0.014% | $200 | $207K | 10x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Variational Omni UBER
Binance UBERUSDT
GRVT UBER_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UBERUSDT | +0.0313% | 8h | 71.210 | +0.169% | $377K | $94K | 25x | as long as short |
| HTX UBER-USDT | +0.1519% | 8h | 71.640 | +0.774% | $48K | $34K | 20x | as long as short |
Bybit UBERUSDT
HTX UBER-USDT